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Property profile & analytics

62 Main St Freehold, NJ 07728

  • Commercial real estate
  • 2,844 SF
  • 0.20 lot acres
Value Estimation
Last Sale
Jan 31, 2024
$300,000
Location Intelligence
Property ID
US59-0113984
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 62 Main St

Year built
1905
Construction
FRAME
Lot size
0.20 lot acres
Property size
2,844 SF
Property type
Commercial real estate
APN
16 00051-0000-00004
APU
1600051000000004

Description

This exceptional 2,844 square foot commercial office space is ideally situated at 62 E Main Street, Unit 62, in the thriving Freehold, NJ, business district. The property sits on a 0.2-acre lot and offers ample parking for employees and clients. The interior boasts a unique blend of modern functionality and rustic charm, featuring exposed wooden ceiling beams and rustic wood window trims. Six-year-old windows provide abundant natural light, illuminating the hardwood floors throughout the expansive office area. This versatile space is well-suited for a variety of business types and offers a warm, inviting atmosphere. Its prime location offers unparalleled convenience, being within walking distance of county offices, a diverse selection of restaurants, shopping options, the courthouse, and public transportation. The asking price for this exceptional Freehold commercial property is $549,999. This presents a rare opportunity to establish or expand your business in a highly desirable and accessible location. The property's combination of size, location, and unique aesthetic makes it an attractive investment for discerning business owners. Don't miss this chance to secure a prominent presence in the heart of Freehold.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $300,000
  • CAP approach

    CAP return
    Estimation
    6%
    $345,000
    6.5%
    $355,000
    7%
    $360,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $390,000
    Geo Method
    $395,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $395,000
    Retail
    $335,000
    Mixed-Use
    $325,000
    Hospitality
    $430,000
    Educational
    $385,000
    Residential Income
    $440,000
    Energy
    $355,000
    Income-Based Land
    $335,000
    Food Service
    $375,000

Location Insight

  • Map
  • Local Demand
City
Freehold
County
Monmouth
State
New Jersey
Longitude
-74.271
Latitude
40.2619
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,707
$216,100
$301,400
$517,500
-
$216,100
$301,400
$517,500
More about this property
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